Home / Insights

Research & insights

Notes from the investment team. We write about what we are underwriting, what we have declined, and occasionally what we got wrong.

All Real Assets Private Credit ESG Portfolio Construction Firm

Firm 30 April 2026 5 min read

What we got wrong in the 2021 vintage

We underwrote exit cap rates that assumed a rate environment we had no basis to forecast. An account of the error and the process change that followed.

Read the note

Market news, refreshed through the day

Curated headlines across markets, real assets, credit and energy.

Open the feed